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EMLP vs FTLS

First Trust North American Energy Infrastructure Fund vs First Trust Long/Short Equity ETF

EMLP

First Trust North American Energy Infrastructure Fund

First Trust

Annual cost

0.95%

Fund size

$4.1B

FTLS

First Trust Long/Short Equity ETF

First Trust

Annual cost

1.38%

Fund size

$2.3B

Key differences

  • EMLP costs 0.43% less per year.
  • EMLP is classified as equity, while FTLS is alternative — different risk/return profiles.
  • EMLP follows a index tracking strategy; FTLS uses long short.
  • Over the last 3 years, EMLP has delivered higher annualized returns.

Side-by-side comparison

EMLPFTLS
Annual cost (TER)0.95%1.38%
Fund size (AUM)$4.1B$2.3B
Since20122014
Dividend yield2.69%0.91%
Asset classequityalternative
Regionnorth america
Strategyindex trackinglong short
CAGR 1Y+22.5%+15.8%
CAGR 3Y+22.0%+14.6%
CAGR 5Y+16.6%+10.7%
Sharpe 3Y1.331.07
Volatility 1Y9.80%8.19%
Max drawdown-43.61%-20.54%

Green dot indicates the better value for that metric. Performance data is historical and does not predict future results.

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